Industry topics

Markel Insurance is made up of the firm’s three primary underwriting businesses.

The insurance industry has experienced mounting losses from severe convective storms.

The business offers parametric windstorm coverage.

Syndicate 1984 will be backed by Names under a modified freehold arrangement.

The broker has launched a company market section of the facility called Encore.

Some of the Big Four are slowing growth as the market softens.

An announcement is expected tomorrow.

Based in London, the executive joined BMS nine years ago after a stint as MD at AJ Gallagher.

Jack Falvey, CEO of Falvey Insurance Group, talked to Insider on Air about what sets his MGA apart in an increasingly crowded field and why “just having relationships” isn’t enough anymore.

The hire is part of a wider expansion across Willis’s specialty business.

Of the 178 passengers and crew on board, no serious injuries have been reported.

The property and specialty insurer reported underwriting profits of $131mn ($170mn).